How to Buy Biomea Fusion Stock
Biomea Fusion Inc
Biomea Fusion, Inc. , a biopharmaceutical company, focuses on the discovery and development of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic diseases.
Biomea Fusion stock last closed at $12.35, up 3.52% from the previous day, and has decreased 59.73% in one year. It has underperformed other stocks in the Biotechnology industry by 0.41 percentage points. Biomea Fusion stock is currently +52% from its 52-week low of $8.13, and -71.73% from its 52-week high of $43.69.
As of May 3, 2024, there are 35.94M BMEA shares outstanding. The market capitalization of BMEA is $443.92M. In the last 24 hours, 684,109 BMEA shares were traded.
How to Buy Biomea Fusion Stock
Wondering how to invest in Biomea Fusion stock? Here's how.
- Choose where to buy Biomea Fusion stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Biomea Fusion stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your method of payment and add your info.
- Analyze Biomea Fusion stock: The Biomea Fusion ticker symbol is BMEA. Is Biomea Fusion stock a good investment? Should you buy shares of BMEA? How do BMEA's underlying business fundamentals look? Do top analysts think Biomea Fusion is a good buy? Why has BMEA's stock price moved recently? (Hint: Our stock market analysis website can help you decide if BMEA is a good stock to buy).
- Execute your BMEA trade: Decide if you will purchase BMEA shares at the current market price or use a limit order to buy BMEA shares at a particular price.
- Get notifications regarding your investment in BMEA: Create a watchlist to important updates regarding your investment in Biomea Fusion shares.
Step 1: Choose where to buy Biomea Fusion stock
You need an online brokerage account in order to access the NASDAQ market and buy BMEA stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy BMEA stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on the stocks app, your next step is to transfer the money for your investment:
Watch the video below for more details depositing funds into your investment account.
Step 4: Analyze Biomea Fusion stock
Once you have chosen the best place to buy Biomea Fusion stock, it's very important to evaluate their stock prior to buying, so you truly understand the risk and upside.
Biomea Fusion Numbers
BMEA Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on BMEA's stock page.
How is BMEA stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BMEA's fair value.
Using relative valuations ratios:
- BMEA may be undervalued based on its P/B ratio of 3.28x, relative to Biotechnology industry P/B ratio of 6.01x
You can access additional valuation research on BMEA's stock here.
BMEA Financials at a glance
Signs that BMEA is financially healthy:
- BMEA has a low debt to equity ratio of 0.25.
- There are more short-term assets than long-term liabilities on the BMEA balance sheet.
- BMEA has cash burn of 105077000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the BMEA balance sheet.
Signs that BMEA is not financially healthy:
- BMEA has $145.29M in cash and short term investments. This is not enough to cover its annual cash burn of $105.08M.
Do analysts think it's a good time to buy BMEA stock
Out of 5 Equities analysts who research BMEA, the consensus analyst rating on Biomea Fusion is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Biomea Fusion stock forecast page.
BMEA Technical Indicators
Are BMEA executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at BMEA have sold more shares than they have bought.
Franco Valle, Chief Financial Officer of BMEA, was the latest BMEA insider to buy. They bought $5,088.14 worth of BMEA shares on Nov 30, 2023.
Dig into more about who owns BMEA shares here.
Can I get consistent income from BMEA stock?
No, Biomea Fusion doesn't provide an income stream by paying out dividends.
What do other traders have to say about BMEA?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your BMEA trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will place your order.
If you want additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in BMEA
Now that you own some BMEA stock, you'll want to keep up with your company.
Make a watchlist to keep track of your BMEA stock.
BMEA Feed
How to Buy Stock in Biomea Fusion
To summarize, here are the 6 steps to buy Biomea Fusion stock:
- Choose where to buy Biomea Fusion stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Biomea Fusion stock
- Execute your BMEA trade
- Get notifications regarding your investment in BMEA
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Biomea Fusion, get started below.
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